Terraced House
DRAFT DETAILS - Situated within short walking distance of Codnor shopping centre is a well presented two bedroomed palisaded end terraced property representing an excellent buy-to-let investment opportunity. We are informed by the seller that the property was previously let at £500 per calendar month (£6,000 per annum). This represents an 8.69% return based on the guide price. Internally the uPVC double glazed, gas centrally heated living accommodation consists of front sitting room with staircase to first floor and a dining fitted kitchen measuring 12'2" x 11'7" with appliances included. To the first floor landing there are two well proportioned bedrooms and a bathroom with three piece suite in white. Outside to the front there is a small forecourt and to the rear a good sized enclosed garden with outbuilding and views.
The market town of Ripley is situated within a short commute and offers a more comprehensive range of amenities and the nearby A38 provides swift access onto the M1 motorway and the city of Derby.
With uPVC double glazed window to the front elevation, laminate floor covering, staircase to first floor and central heating radiator.
With uPVC double glazed window and door to the rear elevation. The well equipped fitted kitchen has oak style units comprising a range of wall mounted cupboards with matching base units with drawers, preparation surface, stainless steel sink and drainer with mixer tap and splashback tiling. There is a free-standing cooker with double oven and hob, fridge, washing machine, wall mounted boiler, central heating radiator, tiled floor covering and extractor fan.
With loft access and built in cupboard.
With uPVC double glazed window to the front elevation, built in cupboard with shelving and hanging rail, television point and central heating radiator.
With uPVC double glazed window to the rear elevation which enjoys far reaching views and central heating radiator.
With uPVC double glazed window to the rear elevation. Fitted with a three piece suite in white comprising a panelled bath with mixer tap shower attachment, low level wc, pedestal wash hand basin, tiling to walls and floor and central heating radiator.
To the front there is a small forecourt and pedestrian access to the side leads to a patio area with brick built outbuilding and timber shed, the garden being mainly lawned and enjoying a southerly aspect, timber panelled fencing with concrete posts.
Freehold.
Auction Details:
The sale of this property will take place on the stated date by way of Auction Event and is being sold as Unconditional with Fixed Fee.
Binding contracts of sale will be exchanged at the point of sale.
All sales are subject to SDL Property Auctions’ Buyers Terms. Properties located in Scotland will be subject to applicable Scottish law.
Auction Deposit and Fees:
The following deposits and non- refundable auctioneer’s fee apply:
• 10% deposit (subject to a minimum of £5,000)
• Buyer’s Fee of £1,500 inc. VAT
The Buyer’s Fee does not contribute to the purchase price, however it will be taken into account when calculating the Stamp Duty Land Tax for the property (known as Land and Buildings Transaction Tax for properties located in Scotland), because it forms part of the chargeable consideration for the property.
There may be additional fees listed in the Special Conditions of Sale, which will be available to view within the Legal Pack. You must read the Legal Pack carefully before bidding.
Additional Information:
For full details about all auction methods and sale types please refer to the Auction Conduct Guide which can be viewed on the SDL Property Auctions’ home page.
This guide includes details on the auction registration process, your payment obligations and how to view the Legal Pack (and any applicable Home Report for residential Scottish properties).
Guide Price & Reserve
Each property sold is subject to a Reserve Price. The Reserve Price will be within + or – 10% of the Guide Price. The Guide Price is issued solely as a guide so that a buyer can consider whether or not to pursue their interest. A full definition can be found within the Buyers Terms.
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